Leitch Technology Corporation Acquisition
Leitch Technology Corporation Acquisition Leitch Technology Corporation Acquisition
Financial turnaround is on track • CEO Tim Thorsteinson brought in 18 months ago – Management team is expected to remain with the business • Cost reductions are being implemented and progress is impressive • R&D was refocused towards introducing new HD products – New products are delivering market-leading functionality – 80% of revenue is from products introduced since 2003 • Fiscal 2005 revenue grew by 41% year-over-year to US$183 million – Strong organic revenue growth of 18% – Videotek and Inscriber Technology added US$30 million in revenue – 70% of revenue is Infrastructure; 30% is Digital Media • Gross margins substantially improved to 52% in 4Q FY05 Leitch is clearly on upslope of financial turnaround Investor presentation – slide 4 assuredcommunications 31-Aug-2005
Leitch digital products overview News and post-production editing VelocityHD VelocityX Digital Media Branding and graphics LogoMotion II DTP Inca Station Video servers / storage and retrieval NEXIO HD DTP NEXIO MTS DDM-800 TrimStation Investor presentation – slide 5 assuredcommunications Routing / distribution Opus HD Integrator Gold Panacea Infrastructure Signal processing NEO 6800+ X75HD Signal management / test and measurement CCS MediaNet VTM-450E SD/HD TVM950HD NEO SuiteView 31-Aug-2005
- Page 1 and 2: Leitch Technology Corporation Acqui
- Page 3: Deal rationale and value creation
- Page 7 and 8: Digital media content value chain C
- Page 9 and 10: Expands into fast-growth markets $5
- Page 11 and 12: Digital transition will also drive
- Page 13 and 14: Deal summary and timeline • C$14.
Financial turnaround is on track<br />
• CEO Tim Thorsteinson brought in 18 months ago<br />
– Management team is expected to remain with the business<br />
• Cost reductions are being implemented and progress is impressive<br />
• R&D was refocused towards introducing new HD products<br />
– New products are delivering market-leading functionality<br />
– 80% of revenue is from products introduced since 2003<br />
• Fiscal 2005 revenue grew by 41% year-over-year to US$183 million<br />
– Strong organic revenue growth of 18%<br />
– Videotek and Inscriber <strong>Technology</strong> added US$30 million<br />
in revenue<br />
– 70% of revenue is Infrastructure; 30% is Digital Media<br />
• Gross margins substantially improved to 52% in 4Q FY05<br />
<strong>Leitch</strong> is clearly on upslope of financial turnaround<br />
Investor presentation – slide 4 assuredcommunications <br />
31-Aug-2005
Change language